77-930 value

[JacobS911]

Helping a friend establish a value on a 77 930 turbo.

Currently the car is a roller. Interior is all out of the car, but full interior is there and sport seats (which would need recovered to original black leather). No rust. Matching numbers transmission. Newly painted red but original color is silver. Really clean straight body and door gaps look perfect.

The bad - missing the numbers matching engine. It does have a 77 turbo engine to go with it that may or may not need rebuilt. It was smoky prior to taking it out of the donor car. No fuchs. Missing rear wing that came with the car but is believe to have a correct turbo wing to go with it.

Its a complete car. Just needs assembled.

Pics to follow shortly.

Thanks for the help guys!

[1979-930]

$25k. If it had numbers matching engine he’d be better off. It’s going to cost $30k plus to have a $45k car. So it’s a looser financially, but someone that wants a turbo driver or hot rod will take on the project.


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[Matt Monson]

If $25k is what it's really worth I'm an interested buyer. Aren't 3l cars worth a bit more?

[JacobS911]

[Alan A]

Originally Posted by 1979-930

$25k. If it had numbers matching engine he’d be better off. It’s going to cost $30k plus to have a $45k car. So it’s a looser financially, but someone that wants a turbo driver or hot rod will take on the project.


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A running 77 turbo for $45k.
Where?

[ItzaMe]

Originally Posted by Alan A

A running 77 turbo for $45k.
Where?

^This was thinking same thing

I watched burnt 930's go for close to 40k on salvage auctions.

I would think the car would be worth slightly less having a non matching motor when complete so maybe $65k

Subtract a high end $30k rebuild for the iffy motor so thing should idealy be offered for sale around $35-$40k

Some people who can rebuild themselves could get nice car for the money.

[1979-930]

$45 may be low. But so have some of the sale prices for numbers matching cars. The turbos are down.
It’s guards red and non matching. Buy it, fix it and let me know where you end up.
Obviously the owner sees no value in completing it.


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[SalParadise]

I'm going out on a limb here and say it's worth $50K. Know why? People love to buy these things and there is no basic rationale for projects. Will they spend more getting it up to snuff? Absolutely. Will they wish they saved up for a better car? Maybe. But with a very limited number of '77s out there with most going for $85K ++ many people will see this as an opportunity to get in for less money and build from there. Since these early Turbos are the next RS there are going to be people out there in 10-20 years saying they could have bought this one for $50K and wished that they had.

$50K would get them in. And most people would rather work it off and get in at this number than wait to pay $35K and much more to never, ever be in.

[shlobeck]

A full restoration exceeds the value of the car, especially at the prices noted above. Even if I was given the car for free you’re looking at a restoration on a incomplete car without the original motor, wheels etc. On a body which has been repainted another color. Early 930s are rare but better restoration canadates exist. You would be hard pressed to start a project on this car considering the price of restoration work today. Im curious on the VIN. At this moment it’s a parts car at best. But many people don’t make prudent decisions on restoration projects. You never know, Good luck

[kevinbodman930]

Is there a clean title ?

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[pu911]

Back together it might be a $65-70k car. As other's have stated these type of projects never pencil out but that does not stop folks from buying them. I'd try a BAT auction and see what happens. If it was mine I'd ask $45k. I sold a similar project w/o a motor for $50k but that was when market was white hot a few years back.
Phil

[LUFTKUL]

What’s the price difference if it was a ‘76 930?

[1979-930]

Originally Posted by Matt Monson

If $25k is what it's really worth I'm an interested buyer. Aren't 3l cars worth a bit more?

Only due to limited production numbers.
I don’t know why else anyone would pay more for a smaller engine, no intercooler and inferior brakes compared to a 78/79 930.
For what guys like us want to do with cars you want a 78 and later.


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[pu911]

the 76's are probably worth a bit more, 10-20 % than a 77. The 3.0 turbo's used to be worth less than a comparable 3.3 but that was 3-4 years ago, the 3.0's are definitely worth more today

[JMS935]

Originally Posted by shlobeck

A full restoration exceeds the value of the car, especially at the prices noted above. Even if I was given the car for free you’re looking at a restoration on a incomplete car without the original motor, wheels etc. On a body which has been repainted another color. Early 930s are rare but better restoration canadates exist. You would be hard pressed to start a project on this car considering the price of restoration work today. Im curious on the VIN. At this moment it’s a parts car at best. But many people don’t make prudent decisions on restoration projects. You never know, Good luck

What he said^^^! Do NOT get drunk on the fact that it’s a 77 turbo carrera, which is of limited numbers and in demand by collectors. This is no such thing. It’s missing the proper engine, and it’s been painted not only the wrong color, but also a color that tends to sell at a discount on a turbo, which is a double whammy. If Matt is willing to pay 25k for this as it sits, my recommendation is to negotiate with him and get this car sold. This is a losing proposition to do the work, get out of it before anymore money is spent on it. Just think if this were finished...how much would it cost to get there? A lot. And then what are you going to get for it? A lot less. You’re only market will be the hot rod crowd, collectors would shun this thing, this will be the furthest thing from a collectible grade ‘77 turbo carrera there is. It’s an upside downer, no matter what you do to it you’ll be upside down on it once you get it sold. You can buy numbers matching 3.3 930s for far less money than what this non matching numbers 3.0 with the wrong paint on it will cost you to get it finished. It’s a loser, that shouldn’t even be up for debate. I wouldn’t take on this project if it were literally gifted to me, but that’s just me, the do it yourselfer’s would clearly disagree with that. Either sell it as-is, or part it out. Do NOT spend the money to finish this car unless you’re looking for a money pit, cause this will be a big one.

[Alan A]

Originally Posted by pu911

the 76's are probably worth a bit more, 10-20 % than a 77. The 3.0 turbo's used to be worth less than a comparable 3.3 but that was 3-4 years ago, the 3.0's are definitely worth more today

So $50k

If that’s really the case send me contact details. I’ll swap the TT for a decent 76 tomorrow. I do a charity race every year for 76 and earlier and that would be ideal.

[faapgar]

You guys are mean from the Forum.It is for a DIY guy at $40-45.GLWS In 10 years these cars will be like a 356 Speedster with a 912 motor.It will not match but it is still the iconic 930.Chassis condition will be the most relevant point.Ciao Fred

[JMS935]

Originally Posted by faapgar

You guys are mean from the Forum.It is for a DIY guy at $40-45.GLWS In 10 years these cars will be like a 356 Speedster with a 912 motor.It will not match but it is still the iconic 930.Chassis condition will be the most relevant point.Ciao Fred

You’re so called cruelty hopefully saves the OP from losing more money on this, it’s just constructive criticism. And if it does help, there’s nothing cruel about it. I don’t know who would pay north of 40k for this as it sits. But if he can get that, then it’s time to let it go.

[racerboyrt]

Are you guys serious? For 25k you can barely find a complete 3.0 turbo engine. And that gearbox is 5-6k easily. Plus sports seats.... this doesn’t appear to be a very difficult car to put back together although it’d be better if it was back to silver.

PS - doesn’t the owner know where the original case is?

[1979-930]

^^^ Sometimes the parts are worth more than the complete project. I’d part it out.


So I painstakingly searched every auction below $80k on BAT and found one with a non matching numbers engine. No Sale at $44,500.00. The engine not matching is the nail in the coffin for educated and non-educated buyers.



https://bringatrailer.com/listing/1979-porsche-930-4/


vvv. I must have been adding the first line as you were typing.